S&P500 Options expiring on last trading day of the month

Quote from ChrisM:

Progress is slow and bumpy. On some days you may get good fills, on some days you may not.

EWs are just few months old, they have still a way to go.

Anyone still trading EOM ES, any change from previous posts?
 
I still trade them.

Volume is still less than the mid month, but more and more people are discovering them every month.

Spreads are also still a bit wider and there are fewer MMs...but it's getting better.

On a related note, IB completely botched the settlement for July - not settling until after the 8/1 close and then at the 8/1 closing price instead of the 7/31 price. Keep an eye on your broker if you are riding them into expiry.

The guys at Man didn't even know that these options existed until a few months ago. They have now been added to a few of their platforms.

The EOMs are of much higher value during high VIX periods if you are someone who is typically short volatility.
 
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